020 8866 6464
info@sethi.co.uk
38 Meadow Way | Ruislip | HA4 8TB

Guidelines Our Fees for Debt Recovery Matters

Guidelines
Our Fees for Debt Recovery Matters

Each matter is unique

Each dispute is unique, and this is a guideline only. The exact cost will depend on the individual circumstances of the case and when we know the size and likely complexity of the claim and the amount of work involved, we shall then be able to inform you of the likely cost and also time involved. In claims for more than £25,000 we discuss and prepare a “costs budget” for you so as to comply with court rules.

Each matter is dealt with by an individual fee earner so that you will know who to contact when any queries arise. Our approximate charges are set out below:

Debt Recovery

Cormac Cawley – Solicitor £240.00 + VAT per hour

Charges

Amount of Charge Description
Charged in units of 1/10th of an hour Routine Letters and Routine Telephone Calls (made and received)
Fee Earner’s Hourly Rate + VAT Other work on considering and drafting documents, meeting with you, attending experts or counsel, attending court
Court Fees Fee to start claim – on a sliding scale up to claims of £9,999, or 5% of value of claim over £10,000, subject to maximum fee of £10,000; other fees are payable in accordance with online Document EX50 of HMCTS
Barristers’ & Experts’ Fees Payable in addition to our fees – to be agreed with you in advance
£30.00 + VAT Storage Fee

Disbursements

All disbursements will need to be paid in addition to the fees charged. These costs are related to your matter which are payable to third parties such as Court Issue and application fees. We handle the payment of disbursements on your behalf to ensure a smoother process.

Timescales

This depends very much on the complexity of each case. A typical disputed matter can take between 6 months and 2 years or more to reach a conclusion.

However, we do recommend that you telephone us to discuss your matter further as the above schedule on Costs and Time should be used as a guide only.

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